Base interest rate (BIR) and maximum permissible interest rate (MPIR) for residential aged care

View the current and previous BIR and MPIR for residential aged care. Find out which rate to use to calculate accommodation payments and contributions and interest amounts.

Cover page image for Base interest rate (BIR) and maximum permissible interest rate (MPIR) for residential aged care

This document includes a table of the current and previous rates, and information on:

  • calculating accommodation payments and contributions
  • calculating interest on refunds of accommodation lump sum balances
  • calculating late fees and charges
  • how the BIR and MPIR are determined.

BIR and MPIR for residential aged care

About this resource

Publication date:
Publication type:
Guideline
Language:
English

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